Tuesday, 11th March 2014 | In Tuesday’s trading on the Jamaica stock market, the prices of 10 stocks rose and 10 declined as 33 securities traded resulting in 6,450,322 shares trading, valued at $26,852,072.
Main Market trading | The advancing and declining stocks tilted the indices marginally up with the JSE Market Index inching up by 29.07 points to 77,412.89 and the JSE All Jamaican Composite index up by 32.50 points to close at 85,268.52.
Gains | Ciboney exchanging 1,235,982 shares at 2 cents higher to closed at 8 cents; National Commercial Bank gained 15 cents to close at $19.35 with 524,529 units changing hands; Pan Jamaican Investment closed at $50.01, up a cent with 10,498 shares; Radio Jamaica with 9,672 shares closed at $1.40 for a 5 cents gain; Sagicor Real Estate Fund put in 17,425 units at $7.19 for a gain of 2 cents; Scotia Group 6,400 shares at $21 an increase of 40 cents and Seprod 9,168 shares at 49 cents higher at $11.50.
Firm| Stocks in the main market trading firm are Barita Investments with 15,000 shares closing at $2.30; Jamaica Broilers 64,355 shares to close at $4.80; Jamaica Money Market Brokers 112,400 ordinary at $7.19; Jamaica Money Market Brokers 7.50% preference, 220,000 units at $2, and 333,000 units of the 8.75% preference at $3; Jamaica Producers 15,131 units at $18.26; Sagicor Group 89,670 shares at $9; Sagicor Investments 17,366 units at $18 and Supreme Ventures 52,123 units at $2.35.
Declines| Cable & Wireless traded 1,570,376 shares in closing 10 cents lower to end at 60 cents; Caribbean Cement 9,969 shares to close down 11 cents at $4.39; Carreras with 43,827 shares at $34.70 down a cent; Grace Kennedy with 44,150 shares at $59.99 down a cent; Mayberry Investments 36,865 shares at $1.90 off by 10 cents and Scotia Investments 4,000 shares at $25.50, down by $1.50.
Junior Market trading | The JSE Junior Market Index declined by 9.24 points to close at 722.82.
Gains | Three stocks closed higher with Jamaican Teas trading 34,325 units to close at $3.06, up 4 cents; Lasco Distributors with 231,781 units at $1.35 with an increase of 4 cents and Lasco Manufacturing with 249,951 shares at a cent higher at $1.22.
Firm Trades | Caribbean Producers traded 324,496 units at $2.70; Derrimon Trading had 516,735 shares changing hands in closing at $2.50, Honey Bun 11,309 units at $3.05 and Lasco Financial Services 139,375 units at $1.30.
Declines| Access Financial Services traded down by $1.10 with 366,491 units at $8; Cargo Handlers lost 69 cents in closing at $14.31 with 653 units; Caribbean Cream traded 20,200 units, 6 cents lower at 75 cents and General Accident had 113,100 shares changing hands at $1.59.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than the last selling price and one stock with the offer that was lower.
